Karnataka Bank Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported interest earned of INR 13,239.3 million compared to INR 12,371.1 million a year ago. Total income was INR 14,575.2 million compared to INR 13,698.3 million a year ago. Profit from ordinary activities before tax was INR 712.6 million compared to INR 1,285.7 million a year ago. Net profit was INR 685.2 million or INR 3.22 per diluted share compared to INR 969.1 million or INR 5.14 per diluted share a year ago. Operating profit was INR 1,718.6 million compared to INR 1,919.68 million a year ago. Net interest income was INR 3,765.2 million compared to INR 3,049.3 million a year ago. Return on assets was 0.44% compared to 0.70% a year ago. For nine months, the company reported interest earned of INR 38,909.0 million compared to INR 37,145.4 million a year ago. Total income was INR 43,885.5 million compared to INR 40,873.9 million a year ago. Profit from ordinary activities before tax was INR 2,990.8 million compared to INR 3,861.3 million a year ago. Net profit was INR 3,138.9 million or INR 15.96 per diluted share compared to INR 3,080.50 million or INR 16.37 per diluted share a year ago. Operating profit was INR 6,665.3 million compared to INR 6,001.6 million a year ago. Net interest income was INR 11,384.5 million compared to INR 9,431.4 million a year ago. Return on assets was 0.7% compared to 0.76% a year ago.